Seller's Agent in 2025
Adam Salas
REAL Broker LLC
(509) 994-6777
9 in this area
193 Total Sales
2616 E Wellesley Ave Spokane, WA 99217
Bemiss Neighborhood
0.12
Acre
$604,167
Price per Acre
5,227
Sq Ft Lot
About This Lot
As of April 2025Prime Development Opportunity at 2616 E Wellesley! This 5,188 SF city lot is a builder’s dream, zoned for two new homes, a duplex, or a fourplex, offering incredible potential for developers and investors. With all utilities at the property line, construction is hassle-free and cost-effective. Situated in a high-demand Spokane location, this lot is just minutes from schools, public transit, and essential amenities, making it ideal for future homeowners or tenants. Whether you're looking to build a custom home, rental units, or an income-generating multi-family property, this is an opportunity you don’t want to miss. Act now before it’s gone!
Property Details
Property Type
- Land
Lot Details
- 5,227 Sq Ft Lot
- Level Lot
Property Views
- City Views
Schools
- Shaw Middle School
- Rogers High School
Utilities
- Water Not Available
- Sewer Connected
Listing and Financial Details
- Assessor Parcel Number 35041.0203
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 6, 2024
Sold by
Sheriff Of Spokane County
Bought by
Bd Development & Management Llc
Current Estimated Value
Purchase Details
Closed on
Jun 9, 2023
Sold by
Wise Tim A
Bought by
Christiana Trust and Carlsbad Funding Mortage Trust
Purchase Details
Closed on
Jan 26, 1998
Sold by
Whiteaker Clyde R and Whiteaker Joanne A
Bought by
Wise Tim A and Pitt Tammy J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,061
Interest Rate
7.05%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Sheriffs Deed | $89,012 | None Listed On Document | |
| Contract Of Sale | -- | -- | |
| Warranty Deed | $49,900 | Pioneer Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $50,061 | FHA | |
| Closed | $1,538 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/21/2025 04/21/25 | Sold | $72,500 | -19.4% | $69 / Sq Ft |
| 04/05/2025 04/05/25 | Pending | -- | -- | -- |
| 02/24/2025 02/24/25 | Price Changed | $90,000 | -6.3% | $85 / Sq Ft |
| 01/13/2025 01/13/25 | For Sale | $96,000 | -- | $91 / Sq Ft |
Source: Spokane Association of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $605 | $75,000 | $75,000 | -- |
| 2024 | $605 | $60,000 | $60,000 | -- |
| 2023 | $597 | $55,000 | $55,000 | $0 |
| 2022 | $420 | $60,000 | $60,000 | $0 |
| 2021 | $273 | $22,000 | $22,000 | $0 |
| 2020 | $1,096 | $88,100 | $22,000 | $66,100 |
| 2019 | $939 | $78,200 | $20,000 | $58,200 |
| 2018 | $1,042 | $74,600 | $18,000 | $56,600 |
| 2017 | $977 | $71,200 | $18,000 | $53,200 |
| 2016 | $2,751 | $67,800 | $18,000 | $49,800 |
| 2015 | $935 | $65,200 | $18,000 | $47,200 |
| 2014 | -- | $65,200 | $18,000 | $47,200 |
| 2013 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Adam Salas
-
Erika Rayburn
Buyer's Agent in 2025
Erika Rayburn
eXp Realty, LLC
(509) 413-6989
3 in this area
77 Total Sales
Map
Source: Spokane Association of REALTORS®
MLS Number: 202510800
APN: 35041.0203
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